2658 Main St Niagara Falls, NY 14305
For Sale
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Great investment opportunity! Well-maintained 5-unit apartment building located close to Niagara University, shopping, restaurants, and other amenities. Conveniently situated just one block from the Amtrak train station. All utilities are separately metered Property features five 1-bedroom units, including two units on the first floor, two units on the second floor, and one unit on the third floor. Rear first-floor unit offers added privacy. Unit #5 features beautiful outside views from the kitchen. Excellent rental potential with strong demand from Niagara University students and long-term tenants. Estimated market rents for the 1-bedroom units are approximately $900-$950 per month $4000 to $4500 Monthly passive income based on current market conditions. Listing agent has ownership interest in the property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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